Hospital Competition Works
At least it works in northern Italy:
For the past 10 years, public and private hospitals in Lombardy have competed directly for patients, and in doing so have created what is considered by many to be one of Europe’s most efficient health-care systems…
Around 30% of hospital care in Lombardy is private now—more than anywhere else in Italy. And service in both the private and public sector has improved. Patients in Lombardy receive among the widest array of treatments in Italy, and are covered for a longer list of prescription drugs than almost anywhere else in Europe. Waiting times were slashed, too.
A little competition can provide the incentive for stodgy public sector hospitals to perform better. Insulating hospitals from competition merely allows providers to perform poorly without accountability.
Competition works. Is anyone surprised?